-
http://prntscr.com/4hvrej
analysis for today 9 / 1 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 8 / 29 / 2014
OPEN 1.0860
HIGH 1.0878
LOW 1.0810
CLOSED 1.0877
The third resistance (R3) 1.0878 -( 1.0855 - 1.0810 = 0.0045 x 2 = 0.0090 )= 1.0968
The second Resistance (R2) 1.0855 + 1.0878 - 1.0810 = 1.0923
First resistance (R1) 1.0855 x 2 = 2.1710 - 1.0810 = 1.0900
pivot points 1.0878 + 1.0810 + 1.0877 = 3.2565 / 3 = 1.0855
Support for the first (S1) 1.0855 x 2 = 2.1710 - 1.0878 = 1.0832
Support second (S2) 1.0855 -( 1.0878 - 1.0810 = 0.0068 ) = 1.0787
Third Support (S3) 1.0810 -( 1.0878 - 1.0855 = 0.0023 x 2 = 0.0046 )= 1.0764
-
1 Attachment(s)
Trading analysis for 01st September, 2014. In Daily chart USDCAD little bit above from the pivot point. Previously USDCAD spike from 1st support level and try to go upward.
Pivot: 1.08548
Resistance levels
R1 1.09000
R2 1.09228
R3 1.09680
R4 1.10131
Support levels
S1 1.08320
S2 1.07868
S3 1.07640
S4 1.07411
Attachment 11264
-
http://prntscr.com/4ij6ev
analysis for today 9 / 1 / 2014
USD/CAD
Resistance : R1 1.0943 R2 1.0968 R3 1.0988 R4 1.1018
Support : S1 1.0802 S2 1.0777 S3 1.0757 S4 1.0727
Open : 1.0873
High : 1.0877
Low : 1.0868
Range : 9 Pips
Running Price : 1.0869
Strategy : BUY at the level 1.0869 stop loss at the level 1.0802 target take profit at the level 1.0988 or at the level 1.1018
-
pair- usd/cad
chart analysis time frame- m30
http://i60.tinypic.com/260uyb8.jpg
the price is break channel pattern at the resistance 1.0870 level. the stoch indicator is also giving up movement signal as moving out from the level 20. the price may setup a pull up from the pivot point at 1.0855 level. long with the take profit at 1.0925 and stop loss at 1.0815
good luck
-
http://prntscr.com/4in297
analysis for today 9 / 1 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.0852
Retracement (50%) 1.0844
retracement (61,8%) 1.0836
Extensions (61.8%) 1.0920
Extensions (100.0%) 1.0946
Extensions (138.2%) 1.0972
Extensions (161.8%) 1.0988
calculation based on a Fibonacci retracement then today I choose buy
-
http://prntscr.com/4iuaet
analysis for today 9 / 2 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 9 / 1 / 2014
OPEN 1.0873
HIGH 1.0877
LOW 1.0855
CLOSED 1.0869
The third resistance (R3) 1.0877 -( 1.0867 - 1.0855 = 0.0012 x 2 = 0.0024 )= 1.0901
The second Resistance (R2) 1.0867 + 1.0877 - 1.0855 = 1.0889
First resistance (R1) 1.0867 x 2 = 2.1734 - 1.0855 = 1.0879
pivot points 1.0877 + 1.0855 + 1.0869 = 3.2601 / 3 = 1.0867
Support for the first (S1) 1.0867 x 2 = 2.1734 - 1.0877 = 1.0857
Support second (S2) 1.0867 -( 1.0877 - 1.0855 = 0.0022 ) = 1.0845
Third Support (S3) 1.0855 -( 1.0877 - 1.0867 = 0.0010 x 2 = 0.0020 )= 1.0835
-
http://prntscr.com/4iu357
analysis for today 9 / 2 / 2014
USD/CAD
Resistance : R1 1.0941 R2 1.0966 R3 1.0986 R4 1.1016
Support : S1 1.0817 S2 1.0792 S3 1.0772 S4 1.0742
Open : 1.0870
High : 1.0892
Low : 1.0866
Range : 26 Pips
Running Price : 1.0886
Strategy : BUY at the level 1.0886 stop loss at the level 1.0817 target take profit at the level 1.0986 or at the level 1.1016
-
1 Attachment(s)
Trading analysis for 02nd September, 2014. In Daily chart USDCAD shows bullish trend. At present USDCAD breaks 1st, 2nd and touches 3rd resistance level. If 3rd resistance level breaks then next strong resistance level is 1.09133.
Pivot: 1.08671
Resistance levels
R1 1.08792
R2 1.08890
R3 1.09011
R4 1.09133
Support levels
S1 1.08573
S2 1.08452
S3 1.08354
S4 1.08257
Attachment 11283
-
http://prntscr.com/4eyi7o
analysis for today 9 / 2 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.0869
Retracement (50%) 1.0866
retracement (61,8%) 1.0863
Extensions (61.8%) 1.0891
Extensions (100.0%) 1.0899
Extensions (138.2%) 1.0907
Extensions (161.8%) 1.0913
calculation based on a Fibonacci retracement then today I choose buy
-
1 Attachment(s)
Trading analysis for 03rd September, 2014. In Daily chart USDCAD shows bullish trend. At present USDCAD above from the pivot point and near to the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 1.10636.
Pivot: 1.09089
Resistance levels
R1 1.09522
R2 1.09771
R3 1.10204
R4 1.10636
Support levels
S1 1.08840
S2 1.08407
S3 1.08158
S4 1.07908
Attachment 11315